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$5,000,000

1905 Cortezville, LOS FRESNOS, TX, 78566

On MarketInfo
Beds2 Beds
Baths— Bath
Baths744 Sq Ft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms —Bathrooms —
Garage AvailableGarage Available
CoolingCooling

Exterior

Lot Size28,000 sqft

Building Information

Year Built1970
Stories1
Roof Type114
Garage Spaces10

Land Information

APN45-0000-1300-0071-00
Lot Number7,8
SubdivisionOlmito Original Townsite
Land UseResidential
Legal DescriptionOLMITO ORIGINAL TOWNSITE LOT 7-8-9-10 BLK 130
Census Tract012403
Assessed Land Value$144,200
Assessed Improvement Value$37,026
Assessment Year2025

About this property

Unique because it is nestled in a peaceful residential community with a country feel and without the bustle of traffic, these 11+ acres are located near the crossroads of I-69E and FM 511, north of Brownsville. It has two points of ingress, one each on Cortezville St and on Lomax Rd and is surrounded by native trees/flora. The frontage road on-ramp is yards away from Cortezville St allowing easy access. It is minutes away from a hospital, fire department, shopping areas, a sports park, and a state park with walking/biking trails. It is a prime location for development in a fast-developing area of South Texas. This is a multi-property sale. Along with the primary named property, it includes properties 45-0000-1300-0060-00; 45-0000-1300-0120-00; 77-0010-0260-0000-00. Use showing manager for appointments. The mobile home and cattle do not convey with the sale. The larger 10-acre piece of property is Native pasture / Open space. Direct all questions to the listing agent.

Investor Tools

$0Estimated Mortgage Balance
$190,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$30,000 /month
Positive
Cash Flow Estimate:
$10,000 /month

Interested in this property?

Cynthia Rodriguez

Rio Isla Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,085
$145,421
2025
$144,200
$37,026
$181,226
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,085
$145,421

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$190,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$930/mo
N/A
+$930/mo
5.9%

City: LOS FRESNOS

1905 Cortezville | Property Details | No Agent List